Bitcoin: a regulatory nightmare to a libertarian dream

This article provides an overview of national policies and current discussions on the regulation of bitcoin in Europe and beyond. After presenting the potential threat that cryptocurrencies pose to governmental and financial institutions worldwide, it discusses the regulatory challenges and the diff...

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Main Author: Primavera De Filippi
Format: Article
Language:English
Published: Alexander von Humboldt Institute for Internet and Society 2014-05-01
Series:Internet Policy Review
Subjects:
Online Access:https://policyreview.info/node/286
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author Primavera De Filippi
author_facet Primavera De Filippi
author_sort Primavera De Filippi
collection DOAJ
description This article provides an overview of national policies and current discussions on the regulation of bitcoin in Europe and beyond. After presenting the potential threat that cryptocurrencies pose to governmental and financial institutions worldwide, it discusses the regulatory challenges and the difficulty for national regulators to come up with a sound regulatory framework, which the author believes explains the current (lack of) regulatory responses in this field. The article concludes that regulation is needed, but that in order not to excessively stifle innovation in this nascent ecosystem, some of these challenges might better be addressed through self-regulation.
format Article
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spelling doaj-art-4ee088c1593048c9bc89f8d3f052293e2025-08-20T02:46:39ZengAlexander von Humboldt Institute for Internet and SocietyInternet Policy Review2197-67752014-05-013210.14763/2014.2.286Bitcoin: a regulatory nightmare to a libertarian dreamPrimavera De Filippi0Research and Studies Center of Administrative Science (CERSA/CNRS), Université Paris II (Panthéon-Assas)This article provides an overview of national policies and current discussions on the regulation of bitcoin in Europe and beyond. After presenting the potential threat that cryptocurrencies pose to governmental and financial institutions worldwide, it discusses the regulatory challenges and the difficulty for national regulators to come up with a sound regulatory framework, which the author believes explains the current (lack of) regulatory responses in this field. The article concludes that regulation is needed, but that in order not to excessively stifle innovation in this nascent ecosystem, some of these challenges might better be addressed through self-regulation.https://policyreview.info/node/286CryptocurrencyBitcoinDigital currency
spellingShingle Primavera De Filippi
Bitcoin: a regulatory nightmare to a libertarian dream
Internet Policy Review
Cryptocurrency
Bitcoin
Digital currency
title Bitcoin: a regulatory nightmare to a libertarian dream
title_full Bitcoin: a regulatory nightmare to a libertarian dream
title_fullStr Bitcoin: a regulatory nightmare to a libertarian dream
title_full_unstemmed Bitcoin: a regulatory nightmare to a libertarian dream
title_short Bitcoin: a regulatory nightmare to a libertarian dream
title_sort bitcoin a regulatory nightmare to a libertarian dream
topic Cryptocurrency
Bitcoin
Digital currency
url https://policyreview.info/node/286
work_keys_str_mv AT primaveradefilippi bitcoinaregulatorynightmaretoalibertariandream